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Coala-Life Group AB (OSTO:COALA) Days Inventory : 468.69 (As of Sep. 2023)


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What is Coala-Life Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Coala-Life Group AB's Average Total Inventories for the three months ended in Sep. 2023 was kr11.30 Mil. Coala-Life Group AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr2.20 Mil. Hence, Coala-Life Group AB's Days Inventory for the three months ended in Sep. 2023 was 468.69.

The historical rank and industry rank for Coala-Life Group AB's Days Inventory or its related term are showing as below:

OSTO:COALA' s Days Inventory Range Over the Past 10 Years
Min: 128.14   Med: 138.42   Max: 341.98
Current: 341.98

During the past 13 years, Coala-Life Group AB's highest Days Inventory was 341.98. The lowest was 128.14. And the median was 138.42.

OSTO:COALA's Days Inventory is ranked worse than
78.48% of 776 companies
in the Medical Devices & Instruments industry
Industry Median: 189.595 vs OSTO:COALA: 341.98

Coala-Life Group AB's Days Inventory declined from Sep. 2022 (1,408.67) to Sep. 2023 (468.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. Coala-Life Group AB's Inventory Turnover for the three months ended in Sep. 2023 was 0.19.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Coala-Life Group AB's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.80.


Coala-Life Group AB Days Inventory Historical Data

The historical data trend for Coala-Life Group AB's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coala-Life Group AB Days Inventory Chart

Coala-Life Group AB Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.42 150.77 151.44 163.25 -

Coala-Life Group AB Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,408.67 382.03 322.33 229.21 468.69

Competitive Comparison of Coala-Life Group AB's Days Inventory

For the Medical Devices subindustry, Coala-Life Group AB's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coala-Life Group AB's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Coala-Life Group AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Coala-Life Group AB's Days Inventory falls into.



Coala-Life Group AB Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Coala-Life Group AB's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (378.56 + 0) / 1 ) / 0*365
=378.56 / 0*365
=N/A

Coala-Life Group AB's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (10.8 + 11.8) / 2 ) / 2.2*365 / 4
=11.3 / 2.2*365 / 4
=468.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Coala-Life Group AB  (OSTO:COALA) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Coala-Life Group AB's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Coala-Life Group AB's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Coala-Life Group AB Days Inventory Related Terms

Thank you for viewing the detailed overview of Coala-Life Group AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Coala-Life Group AB (OSTO:COALA) Business Description

Traded in Other Exchanges
Address
Kalsangsgrand 10B, Uppsala, SWE, 753 19
Coala-Life Group AB is a Swedish medical technology and life science company focusing on heart diagnostics and digital health. The company has developed a cloud-based remote monitoring device to digitally diagnose heart and lung diseases and can be used prior to a procedure and help physicians identify potential surgical risks.

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